Mayar Capital: We rule out a repeat of Lehman Brothers’ scenario with Credit Suisse for these reasons

In an interview with Al-Arabiya, the CEO of Mayar Capital, Abdulaziz Abdullah Al-Naeem, said that Credit Suisse is a time bomb, as it has witnessed recurring crises during the past years.

Al-Naim added, I do not think the scenario of the collapse of Lehman Brothers Bank in 2008 with Credit Suisse will be repeated for several reasons, the most prominent of which is that the bank’s financial solvency is reasonable, and the position of banks in general in Europe and America is currently several times stronger than in 2007.

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